The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1887-06-30
Tho Cotton Movement,

From the New York Financial Chron-
lcle s cotton article of last week the fol-
lowing figures are gathered relative to
the movement of tho staple during the
past week:
The total receipts reached 3, $40 bales,
against 4,O32 bales last week, 1859 bales
the previous week, and 8, 765 bales three
weeks since; making the total receipts
since the 1st of September, 1886, 5,183,-
46o bales, against 5,232, $50 bales for the
same period of 1856, showing a de-
crease since September l, 1886, of 49,
1862 bales.
The exports for the wcekreach a total
OF S,528 bales, of which 2,SS7 were to
Great Britain, - to France, and 5,G41
to the rest of the continent.
Ihe total visible upply of cotton, as
made up by cable and telegraph, for the
week is as follows:
Total of Great Britain stock $40, 900
bales, total Of continental stocks 1872, 500
bales-making total of European stocks
of 1862, 500 bales. The total visible
supply for the world is 1888, $40 bales:
of this number 1,24G, ,37O are American
and TAI, 600 East Indian, etc.
The imports into continental ports
during the week were 25,OOO bales.
These figures indicate a decrease in the
cotton III sight of 7O,917 bales as com
pared with the same date of 1886, and
decrease of $500 bales as compared
with the corresponding date of 1885.
The receipts at interior towns for the
week were 2,421 bales. Old interior
stocks have decreased 4,GG1 bales, and
were 81, lG4 bales less than at the same
period last year.
The receipts from the plantations.
Delng the actual movement, not includ-
ing the overland receipts nor Southern
consumption, of cotton that reached the
market through the outports for the
week were 3,549 bales. The total re-
ceipts since the 1st September are 5,lSl,-
500 bales.
Cotton in sight 6,3O9, 293 bales, being
decrease, as comnared with last year
of ITO, O12 bales.
Mr.. Ellison's cotton figures, brought
down to lst juno, give the taking by
splnners OF Great Britain 2, ,514, 600 bales
and the continent 2,627, 900 bales, total
OF D, III 200 bales, against the total of
previous year of 4,55S, 600 bales. The |
average weight OF deliveries in Great |
Britain is 40 pounds, against 45l pounds
during the same time last year. Cont
mental deliveries average 436 pounds, |
against All pounds last year.
In reviewing the speculation in futures
during the past week, the Chronicle saws:
The speculation in cotton for future
delivery at this market has been fairly
active for the week under review, but
the course of prices has continued quite
unsettled, besides again showing some
lrregularlty as between the current and
the next crops. feature has been the
weakening OF the speculative confidence
Ill September deliveries, which was at
one time very strong. Thus on Satur-
day there was an advance for every
month except September and October.
On Monday general decline took place
III the latter dealings, due in a measure
to sympathy with the coffee market, with
which many members Of our Cotton Ex
change hold close relations. On Tues
day stcadicr opening was followed by |
u fresh decline, and then u partial recoY-
cry. Wednesday the market was active,
but closed slightly easier. On Thursday
better report from Liverpool and i'm
proved tone and values in other specula-
tive circles gave renewed apirit to the
speculation for the rise in cotton. Fri
day thore was a sharp decline, with the
close at about the lowest figures, due
again, 1t was almost uniformly admitted,
to sympathy with the decline in coffee.
Cotton on the spot has been quieter.
The purchases for Russia embraced 2, 2,OOOl
bales additional taken on Friday after
Change, making 5000 bales in ali; after
which thoro was fair demand for home
consumption.
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